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Cost of cup of coffee in India and around the world
Last updated on: March 5, 2013 13:12 IST
Image: A Starbucks in London. Photographs: Luke Macgregor/Reuters
In countries where the currency is overvalued, a dollar doesn't go as far. That means it would take more dollars to buy a Starbucks in a country with a strong currency, like Norway, than in one with a country that has a less buying power, like India, according to The Wall Street Journal .
This measure - known as purchasing-power parity - is one way to compare the relative strenghts of currencies, it says.
NOTE : Price of a Starbucks grande latte converted to dollars using rates of February 20; tax included when applicable.
Let's take a look at the price of a Starbucks grande latte in India and around the world.
Source: The Wall Street Journal
Click NEXT to see price of a Starbucks grande latte in India...
Image: Coffee mugs featuring the India Gate war memorial are on display during the launch of the first Starbucks store in New Delhi. Photographs: Adnan Abidi/Reuters
New Delhi
Price of a Starbucks grande latte : $2.80
Overall rank : 29
Click NEXT to see rest of the countries...
Image: Royal Palace at the end of Karl Johans Gate in Oslo. Photographs: Suzanne Plunkett/Reuters
Oslo, Norway
Price of a Starbucks grande latte : $9.83
Overall rank : 1
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Image: A view of Stockholm. Photographs: Ints Kalnins/Reuters
Stockholm, Sweden
Price of a Starbucks grande latte : $7.40
Overall rank : 2
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Image: A view of the Moscow River. Photographs: Denis Sinyakov/Reuters
Moscow, Russia
Price of a Starbucks grande latte : $7.27
Overall rank : 3
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Image: A man steers a boat and a pontoon on the Limmat River in Zurich. Photographs: Arnd Wiegmann/Reuters
Zurich, Switzerland
Price of a Starbucks grande latte : $7.12
Overall rank : 4
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Image: Tourists take part in the reindeer safari at Arctic Circle near Rovaniemi, northern Finland. Photographs: Kacper Pempel/Reuters
Helsinki, Finland
Price of a Starbucks grande latte : $6.38
Overall rank : 5
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Image: A view of the Monastiraki Square with the Acropolis hill in the background in central Athens. Photographs: John Kolesidis/Reuters
Athens, Greece
Price of a Starbucks grande latte : $5.84
Overall rank : 6
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Image: A view of Parc du Cinquantenaire of Brussels. Photographs: Sebastien Pirlet/Reuters
Brussels, Belgium
Price of a Starbucks grande latte : $5.65
Overall rank : 7
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Image: People enjoy the sun in front of the opera house in Frankfurt. Photographs: Johannes Eisele/Reuters
Frankfurt, Germany
Price of a Starbucks grande latte : $5.53
Overall rank : 8
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Image: A view of a snow-covered path near the Eiffel Tower in Paris. Photographs: John Schults/Reuters
Paris, France
Price of a Starbucks grande latte : $5.18
Overall rank : 9
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Image: An aerial view of Sydney's Opera House and Circular Quay in the city's central business district. Photographs: Mark Baker/Reuters
Sydney, Australia
Price of a Starbucks grande latte : $4.82
Overall rank : 10
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Image: A view of Beijing's skyline. Photographs: Jason Lee/Reuters
Beijing, China
Price of a Starbucks grande latte : $4.81
Overall rank : 11
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Image: People cool off in a public fountain in central Madrid. Photographs: Juan Medina/Reuters
Madrid, Spain
Price of a Starbucks grande latte : $4.65
Overall rank : 12
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Image: Part of Gangnam area is seen down the Han River in Seoul. Photographs: Lee Jae-Won/Reuters
Seoul, South Korea
Price of a Starbucks grande latte : $4.54
Overall rank : 13
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Image: Wellington Cable Car is seen ascending with a view of the city in the background. Photographs: Jacky Naegelen/Reuters
Wellington, New Zealand
Price of a Starbucks grande latte : $4.51
Overall rank : 14
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Image: Japan's Mt Fuji, covered with snow, is seen through Shinjuku skyscrapers in Tokyo. Photographs: Kimimasa Mayama/Reuters
Tokyo, Japan
Price of a Starbucks grande latte : $4.49
Overall rank : 15
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Image: A woman cycles past the 'Coffee To Get Her' restaurant near Dublin city centre, which becomes a bar and club in the evenings. Photographs: Cathal McNaughton/Reuters
Dublin, Ireland
Price of a Starbucks grande latte : $4.38
Overall rank : 16
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Image: An aerial view of the Manhattan skyline as seen from Lower Manhattan in New York. Photographs: Adrees Latif/Reuters
New York, United States
Price of a Starbucks grande latte : $4.30
Overall rank : 17
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Image: People ride horses along a main avenue in the financial centre of Sao Paulo. Photographs: Paulo Whitaker/Reuters
Sao Paulo, Brazil
Price of a Starbucks grande latte : $4.23
Overall rank : 18
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Image: Overview of Buenos Aires' 9 de Julio Avenue with the Obelisk in the background. Photographs: Enrique Marcarian/Reuters
Buenos Aires, Argentina
Price of a Starbucks grande latte : $4.18
Overall rank : 19
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Image: A view of Toronto Eaton Centre, a shopping mall. Photographs: Stringer/Reuters
Toronto, Canada
Price of a Starbucks grande latte : $4.08
Overall rank : 20
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Image: Lisbon's subway station. Photographs: Jose Manuel Ribeiro/Reuters
Lisbon, Portugal
Price of a Starbucks grande latte : $4.05
Overall rank : 21
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Image: Istanbul's financial district. Photographs: Murad Sezer/Reuters
Istanbul, Turkey
Price of a Starbucks grande latte : $3.92
Overall rank : 22
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Image: A view of Hong Kong. Photographs: Reuters/Reuters
Hong Kong, Hong Kong
Price of a Starbucks grande latte : $3.87
Overall rank : 23
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Image: A barista prepares coffee at Starbucks. Photographs: Stefan Wermuth/Reuters
Atlanta, United States
Price of a Starbucks grande latte : $3.83
Overall rank : 24
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Image: A view of Piccadilly Circus in central London. Photographs: Olivia Harris/Reuters
London, United Kingdom
Price of a Starbucks grande latte : $3.81
Overall rank : 25
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Image: A view of Downtown Detroit along Woodward Avenue in Detroit, Michigan. Photographs: Rebecca Cook/Reuters
Detroit, United States
Price of a Starbucks grande latte : $3.55
Overall rank : 26
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Image: Green space of Dolores Park is shown with the skyline of San Francisco, California. Photographs: Robert Galbraith/Reuters
San Francisco, United States
Price of a Starbucks grande latte : $3.55
Overall rank : 27
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Image: Ice skaters on a rink in Mexico City's Zocalo Square. Photographs: Edgard Garrido/Reuters
Mexico City, Mexico
Price of a Starbucks grande latte : $3.22
Overall rank : 28
